1212 Sedeeva CIRCLE N
About This Property
The main residence was erected in 1925 and has since been meticulously updated to blend classic elegance with contemporary living. It boasts two cozy bedrooms, a single well-appointed and beautifully updated bathroom, and an expansive kitchen and dining area designed for both culinary adventures and social gatherings. The walk-in pantry and separate laundry room offer ample storage solutions.
In the privacy of the backyard stands a charming 733 sqft COTTAGE, complete with a spacious bedroom, including a washer/dryer, and a cedar walk-in closet. The screened porch invites relaxation and serenity. This cottage presents an excellent opportunity for generating ADDITIONAL INCOME through rental.
The outdoor space is a secluded haven, surrounded by shaded by mature trees, perfect for personal retreats or entertainment. A detached 200 sqft workshop provides a versatile space for hobbies or storage.
Recent upgrades to the property include a new roof for the main house in 2018 and the cottage in 2012, HVAC systems installed in 2018 and 2020, modernized electrical panels in 2004 & 2018, and the installation of new windows in the main house in 2012 and 2014. Both houses also feature tankless water heaters, ensuring efficiency and comfort (in the main home just replaced 2024, and Cottage 2018).
This property is not just a house, but a lifestyle offering, promising a blend of history, culture, and modern living. It's a treasure on the Dunedin border, waiting for you to call it home.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Price Decreased |
$544,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 21, 2024 | Relisted | $549,000 | |
| Relisted | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Clearwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017